1239 Bellamah Ave Albuquerque, NM 87104
This exceptional 45,166 square foot warehouse, located at 1239 Bellamah Ave NW in Albuquerque, New Mexico, presents a compelling investment opportunity. Situated in the Downtown submarket of Bernalillo County, this property boasts a prime location with convenient access to Interstate 40, ensuring seamless transportation and logistics. Built in 1960 and renovated in 1992, the warehouse sits on a substantial 9.279 acres of land. The building features a desirable ceiling height ranging from 24 to 26 feet, providing ample vertical space for storage and operations. Six dock-high doors facilitate efficient loading and unloading, optimizing workflow. The property is zoned NR-BP and currently offers multiple tenancy options. This well-maintained warehouse offers a blend of classic industrial architecture and modern functionality, making it suitable for a variety of businesses seeking a strategic location within Albuquerque's thriving Downtown area. The property's size, features, and location combine to create a highly attractive proposition for discerning investors and businesses alike. One space is currently available.
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Intrepid Wholesale, LLC Grocery & Convenience Store Distribution Center
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Tri-West, LTD. Building Supply Carpet & Flooring Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.